USD/JPY: the Dollar supported by Kijun-sen
Bullish Ichimoku Cloud, but horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen.
NZD/USD: bulls were spooked by their own audacity
On the NZD/USD daily chart, the bulls managed to kick the quotes out of the downward trading channel. But the bears were strong enough not to allow the bulls to move higher. There is a consolidation range within 0.696-0.705 levels. A breakout of its lower border will allow us to count on the implementation of 113% and 161.8% targets in the Crab and AB = CD patterns.
On the NZD/USD hourly chart, the expanding wedge pattern has been formed. A rollback towards 38.2% and 50% levels from the 4-5 wave can be used for opening short positions.
Recommendations:
SELL 0,701 SL 0,7065 TP 0,691,
SELL 0,702 SL 0,7075 TP 0,692,
BUY 0,7045 SL 0,699 TP 0,715.
Anastasia Mileshkina
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AUD/USD: aussie in cloudy area
Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen with horizontal lines.
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On the daily chart of USD/CAD, bulls almost returned the pair to the 1.3275-1.3315 convergence (targets of "Shark" and "Wolfe waves" patterns).
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